By Michael Lewis – “I’m going to Goldman,” is still about as close as it gets in the real world to “I’m going to Harvard,” at least for the fiercely ambitious young person who is ambitious to do nothing in particular. 102 more words
Tags » Banking Reform
By Matt Levine – Let me tell you about aluminum. Aluminum is a metal that is used to make beer cans, and also for some other things. 86 more words
By Dean Starkman – The megabanks are finally feeling the hurt for the depredations of the mortgage era. That’s what the government, and some in the financial press, too, would have us believe. 104 more words
Paper Boys, Author: Jake Halpern.
By Megan McArdle – The problem is enforcement.
The Federal Trade Commission, which is in charge of regulating this stuff, is not really equipped to rid the world of a bunch of fly-by-night collection shops operating out of temporary office spaces or the back of some guy’s warehouse; it’s good at wrangling with corporations that have big, marble-floored headquarters that can’t easily be moved to a nearby shed if the government comes knocking. 49 more words
By Rachel Evans – While no one’s suggesting the dollar will lose its status as the main currency of business any time soon, its dominance is ebbing. 117 more words